All Luxury articles
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News
Hammerson has posted growth in rental income and ‘capability’ in wake of Bicester Village sale
Hammerson, which owns and operates shopping centres including Birmingham’s Bullring and London’s Brent Cross, has posted a rise in rental income and “increased capacity and capability” after selling its £1.5bn stake in Bicester Village.
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News
Sephora has delivered ‘exceptional’ growth but LVMH sales and profit take a hit
Sephora has delivered double-digit growth despite parent group LVMH seeing a fall in sales and profit in the six months to June 30, 2024.
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Interview
Q&A: Luxe Collective co-founder targets £1m in a day on TikTok despite luxury struggles
As pre-loved luxury increases in popularity, among the influential Gen Z consumer in particular, Luxe Collective co-founder and chief executive Ben Gallagher talks to Retail Week about what makes the resale platform unique, the importance of social media to fuel growth and his aim for the business to make £1m revenue in a day on TikTok Shop
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Interview
Frasers CFO on the key to Sports Direct’s success, new brands on Frasers Plus and the resilience of the luxury sector
As Frasers Group posts profits at the top of its guidance, Retail Week speaks to chief financial officer Chris Wootton to talk about the results, Frasers Plus, present and future acquisitions and more.
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Gallery
Premium luggage brand Carl Friedrik has opened its first-ever store
Carl Friedrik, a premium travel goods brand, has opened its first-ever standalone store on 27 Regent Street.
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News
Frasers has reported increased profit despite sales dip in ‘break-out’ year
Frasers Group has posted profit at the top of its guidance range despite a dip in sales for the 52 weeks ending April 2024.
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News
Hugo Boss has lowered its guidance as the slowdown in the luxury market continues to take its toll
Luxury fashion retailer Hugo Boss has lowered its full-year guidance as the slowdown in the luxury sector took its toll during the second quarter.
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Analysis
Who is the new Burberry boss and can he turn around Britain’s most famous luxury label?
As the page turns to a new chapter for Burberry following the departure of boss Jonathan Akeroyd and yet another profit warning, Retail Week takes a look at his successor, Joshua Schulman, and what to expect from him.
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News
Exclusive: Frasers Group mulls Yoox Net-a-Porter bid
Mike Ashley’s retail empire Frasers Group is mulling a potential takeover bid of Yoox Net-a-Porter from Swiss luxury group Richemont, Retail Week can reveal.
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News
Burberry has replaced its chief executive after warning on profits
Embattled luxury retailer Burberry has ousted its chief executive Jonathan Akeroyd after warning on profits.
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News
The managing director of premium jeweller Thomas Sabo has returned after five years away
The former managing director at jewellery retailer Thomas Sabo has returned to the helm after leaving the business more than five years ago.
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News
Mulberry names its new CEO as long-serving boss steps down
Mulberry has announced the appointment of a new chief executive as long-serving boss Thierry Andretta exits.
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News
Selfridges has partnered with Snapchat for new AR sport experience
Selfridges has partnered with Snapchat to create an augmented reality (AR) locker room in its iconic Oxford Street store to celebrate the summer of sport.
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News
Watches of Switzerland says UK market ‘stabilising’
Luxury specialist Watches of Switzerland is “cautiously optimistic” about trading in the year ahead.
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News
Russell & Bromley names its first ever creative director
Russell & Bromley has named its first creative director as part of a new chapter for the business.
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News
Exclusive: Matches accused of ‘scamming’ shoppers
Matches has received a flurry of poor feedback and been accused of “scamming” shoppers since it was put into administration by Frasers Group earlier this year, according to data shared with Retail Week by TrustPilot.
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Data
Ranking: The top 10 celebrity fashion brands globally
With celebrity fashion brands on the rise, Retail Week looks at the top 10 businesses fronted by famous faces, according to the latest research
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Interview
Q&A: Selfridges’ Sharlene John on driving diversity in luxury retail
Selfridges’ head of recruitment and onboarding Sharlene John speaks to Retail Week about how the iconic department store is driving employee diversity from the shopfloor up.
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News
‘Dirty’ trainer brand plots biggest IPO of the year
An Italian luxury retailer famous for its ‘dirty’ trainers is plotting a float on the country’s stock market, which would be its biggest listing in at least a year.
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Gallery
Selfridges reopens beauty hall after year-long makeover
Selfridges’ beauty hall in London is ready to welcome back customers after a 12-month renovation.